Search For "loan"
SBI raises lending rates by 5 to 10 bps, new loans to cost more
Updated : 1 year, 8 months ago IST
The State Bank of India (SBI) on Monday announced an increase in its Marginal Cost of Funds Based Lending Rate (MCLR) by 5-10 basis points for most tenors.
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ADB approves USD 100-mln loan for power sector reforms in Sri Lanka
Updated : 1 year, 8 months ago IST
The Asian Development Bank (ADB) approved a USD 100 million policy-based loan to support and facilitate reforms in Sri Lanka, aimed particularly at enhancing the financial sustainability of the power sector in the island country.
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Hero FinCorp Boosts Loan Limits: Now Offering Instant Personal Loans Up to
Updated : 1 year, 8 months ago IST
New Delhi [India], July 12: Hero FinCorp has increased its instant Personal Loan offering from Rs 3 Lakh to Rs 5 Lakh. The move aims to provide borrowers better financial support without pledging their assets as security.
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REC Ltd. avails green loan of USD 200 mn from Deutsche Bank
Updated : 1 year, 8 months ago IST
REC Ltd. a power financing PSU, has successfully availed a green loan of 31.96 Billion Japanese Yen (JPY) (equivalent to USD 200 million) from Deutsche Bank AG to finance eligible green projects in India.
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SBI Caps report highlights optimistic outlook for the Indian economy, desp
Updated : 1 year, 8 months ago IST
State Bank of India (SBICAPS) report titled "Indian Economy: Maintaining Momentum on a Deteriorating Global Pitch" observed a positive demand momentum in major sectors of the economy.
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Islamabad caught in China-Pakistan Economic Corridor debt trap, Beijing ha
Updated : 1 year, 8 months ago IST
The faltering economy of the country and the monetary policies designed by Pakistan, currently render the nation incapable of paying back loans and Independent Power Producers (IPPs) projects launched under the China-Pakistan Economic Corridor (CPEC).
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BranchX Becomes India's First Neobank to Launch ONDC Loans for Financial I
Updated : 1 year, 8 months ago IST
Bangalore (Karnataka) [India], July 10: In a landmark move set to revolutionize financial access across India, BranchX, a leading neobank innovator, has launched the nation's first personal loan solution through the Open Network for Digital Commerce (ONDC). This initiative marks a significan
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Three M Paper Boards Ltd's Rs 39.83 crore IPO opens on July 12
Updated : 1 year, 8 months ago IST
Mumbai (Maharashtra) [India], July 10: Three M Paper Boards Ltd, a Mumbai based company engaged in the business of manufacturing Recycled Paper-based Coated Duplex Board products since over 3 decades, is planning to raise up to Rs 39.83 crores through its SME IPO. Shares of the company will
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Securitisation market grows by 17 pc in Q1FY25 (YoY) to Rs 45,000 crore
Updated : 1 year, 8 months ago IST
The securitisation market in India witnessed robust growth with the volume reaching at around Rs 45,000 crore, in the first quarter (April-June) of 2024, highlights a report by Crisil.
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Easy Access to Domestic Education Loans on Bajaj Markets
Updated : 1 year, 8 months ago IST
Pune (Maharashtra) [India], July 8: Bajaj Markets provides students with easy access to domestic education loans. This enables undergraduates and young professionals to get the required financial support to pursue their academic dreams in India. Students can borrow a high amount of up to Rs
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Uncia wins Best in Retail Lending and enters prestigious IBSi's Sales Leag
Updated : 1 year, 8 months ago IST
Chennai (Tamil Nadu) [India], July 8: Chennai based, Uncia, a disrupting technology company whose products are revolutionising the Loan Management, Loan Origination, and Supply Chain Finance industries has just been awarded the Best in Retail Lending (India) for its Loan Management System (L
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Pakistan's public sector enterprises suffocate under mounting PKR 1.7 tril
Updated : 1 year, 8 months ago IST
Despite a substantial loan from the Asian Development Bank (ADB) aimed at bolstering reforms, the cumulative debt of PSEs has soared to PKR 1.7 trillion, with an additional borrowing exceeding Rs43 billion in the fiscal year 2024.
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